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Legalization would therefore eliminate most of the violence and corruption that currently characterize marijuana markets. These occur because, in underground markets, participants cannot resolve disputes via non-violent mechanisms such as lawsuits, advertising, lobbying, or campaign contributions. Instead, producers and consumers in these markets use violence to resolve disputes with...
Legalization would also generate budgetary savings for state and federal governments, both by eliminating expenditures on enforcement and by allowing taxation of legalized sales. I recently estimated that the net impact would be a deficit reduction of about $20 billion per year, summed over all levels of government.
Legalization will not, of course, eliminate all negatives of marijuana use. But just as the harms of alcohol prohibition were worse than the harms of alcohol itself, the adverse effects of marijuana prohibition are worse than the unwanted consequences of marijuana use. Legalization is therefore the better policy.
At the end of the season, he was honored as the Ivy League Rookie of the Year—the sixth in Harvard history and the first since 1998—and an honorable mention for All-Ivy.
“[The freshmen] really did contribute in a great way—starting with Kyle being Rookie of the Year in our conference—but it didn’t start that way for him,” Crimson coach Tommy Amaker said. “As...